COFFE Swap

COFFE SWAP is a decentralized exchange built on a smart contract in the COFFE Multichain network with automatic AMM.

The exchange is based on liquidity pools that act as an automatic market maker. Each pool consists of two tokens that have equal price weight, respectively, when an asset is sold, its value falls, and when it is bought, it grows. This scheme allows you to organize fair trading, without influencing the market by the market maker and / or automatic trading bots acting in the interests of various financial groups, controlling the price at their own discretion. In this case, the ratio of the value of the coins in the pool is the fair price and the influence of any market participants is minimized. That is, it is impossible to significantly raise or lower the price of an asset with a few small transactions; this will require very large resources.

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Last updated on 31st Dec 2021